Choosing the Right Home-Based Business

This just in from Michael Rupkalvis:

Network marketing has played a prominent role in business for several decades. With the dramatic influence of the Internet, the presence of network marketing income opportunities has risen noticeably. So with this abundance of potential businesses to select from, what are some of the issues the novice to network marketing should take into account when making his decision?

Notwithstanding the marketing claims of instant success, you are going to have to work hard in any business endeavor in order to achieve your desired results. This is as true for network marketing as it is for any other form of business. So you should ask yourself:

Am I willing to commit the time necessary to make this business opportunity succeed? Am I truly excited about the products I'll be selling?

Without the commitment on your part, its just not going to happen.

A crucial issue that is often left unaddressed in the excitement of signing up for a new business opportunity is whether the company will give you, on an ongoing basis, the sales materials and brochures to help you in selling their products. You also need to find out upfront what training program they will be providing to you, and whether you will have an experienced mentor to go to should any issues arise.

Product research is absolutely necessary. Is there a good sized market for them? Are they competitively priced? Are existing customers for the products happy with them? If the products are not of good quality, well-priced and sought after, no amount of effort on your part is likely to prove successful. Also, what about the company itself? Try to find out how many years they have been operating. Are they just getting off the ground or do they already have a large base of satisfied customers?

Of course you should carefully examine the compensation structure being offered. Is it feasible that you will be able to build a significant downline below you, to help you create a residual income? If the company's network marketing system has been around for a long periods of time, that may be good - or bad.

Good, as it shows a stable organization, but it could also be bad, for it might indicate that the business opportunity element of the business may be saturated . Try to speak with some other people who have recently joined up and see how they are making out.

Carefully review the contract they will be asking you to sign. Be very sure of the financial commitments you'll be making. Are there monthly payments required? Monthly minimum purchases of products? And importantly, if you or the company later terminates the contract, what are your obligations?

With a small amount of luck you should be able to find a network marketing business opportunity that meets all of the requirements we have addressed above. Focus on the most important points. Look for a company that gets you excited and whose products have a large base of potential customers; where you'll be given marketing and training advice as you need them; that offers a good compensation structure; that provides you a reasonable chance to build your downline; and where you won't be financially stressed.

THANKS MICHAEL!

Answering the Call,
Lisa Fine and Jeni Roper
ITV Independent Business Owners
http://itvleaders.com/110784